#70 - 5X Your Business in 5 Years with 5 Principles with Steve Preda

Join us in this week’s discussion with Steve Preda where we discuss how he helps business owners prepare their businesses for sale, finding buyers and investors for them, and coaching CEOs and leadership teams to build buyable businesses. Ideas discussed in this episode include: How to 5X the Value of Your Business in 5 Years with 5 Principles? Why should business leaders set an ambitious 5X growth target for the next five years? How to create a structure of peer accountability that will allow you to attract and keep A-Players? How to improve your organization's strategic positioning and differentiation using the Strategy Squares framework? What is the 5-step formula to create consistency, scalability, and foster delegation and growth? How to benchmark the profitability of your business to that of the leaders in your industry? How to engineer your business to match, sustain, and even surpass your industry's elite profitability over time? How to discover your ideal life and use your business to get you there? What are management blueprints and how to determine which one fits your business? Gino Wickman says that you must choose one business operating system. Is he right? Steve Preda is a Leadership Team Coach whose passion is to help emerging privately owned businesses grow and thrive. He pursues it by simplifying and teaching management and strategy concepts used by large companies, and elite consulting firms. Since 2012, he has helped over 100 businesses grow their teams, revenues, and profits as a business coach, EOS Implementer, and as a Pinnacle Business Guide. Steve explores business-growth shortcuts on the Management Blueprint podcast, and delivers workshops and keynotes to business leaders around the US. He loves helping growth-minded entrepreneurs and their leadership teams reach their business-pinnacles. You can find him online at StevePreda.com.  Order his books on Amazon: https://www.amazon.com/Steve-Preda/e/B08XPTF4ST Thank you to our sponsor, CityVest: https://bit.ly/37AOgkp and our Affiliate, StudentLoanAdvice: https://bit.ly/3CIKSgF You can sign up for the Premium Edition of our podcast at https://anchor.fm/christopher-loo/subscribe If you are a podcast host and want to get paid to host guests, check out this new matching service Podmatch that connects podcast hosts and guests https://podmatch.com/signup/drchrisloomdphd